65% of Canadian adults and 70% of US college students cite parents as their primary influencers on money management.
Parents significantly influence their children's financial attitudes and behaviors, as shown by recent surveys. 65% of Canadian adults and 70% of US college students cited their parents as the most significant influencers on their money management behavior. Daily decisions on spending, saving, and debt by parents shape children's beliefs and foundational knowledge about money, with long-term impacts on their financial stability as adults.
May 18, 2024
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